Bitcoin Bounces, but Fed and Inflation Data Loom
From a very precarious position at $79,400, the Bitcoin bulls were able to stage a recovery and push the $BTC price back above $81K.
US spot Bitcoin ETFs pulled in $286 million on October 26 and 27, cutting October net outflows to about $26 million after ~$774 million left the week before.
Block's Bitcoin team Spiral says Bitcoin payments lack demand, not tech, as Stripe and Visa pick stablecoins.
October 28, 2026, 12:39 pmThe most recent “not your keys, not your coins” incident involving a small Nasdaq-listed company that lost access to its bitcoin and saw its stock crash 50% serves as a reminder of the risks facing bitcoin treasury investors. On Oct.
October 28, 2026, 12:30 pmFrom a very precarious position at $79,400, the Bitcoin bulls were able to stage a recovery and push the $BTC price back above $81K.
This ruling strengthens legal protections for crypto owners in Thailand, potentially influencing future property crime cases involving digital assets.
Google searches for “bitcoin” have dropped to a five-year low, and some traders note that the last two times interest sank this far, the asset’s price found a steady bottom.
HYPE and ZEC led a broad bounce, with every top token in the green hours before the Federal Reserve’s rate call.
Bitcoin (BTC) climbed back above $80,500 on October 27, recovering from recent weakness as traders prepared for the Federal Reserve’s October 28 interest rate decision.
Bitcoin briefly fell below $80,000, triggering approximately $404.15 million in cryptocurrency long liquidations over four hours. The move coincided with heavy withdrawals from US spot Bitcoin exchange-traded funds (ETFs), adding to signs of caution among leveraged traders and some institutional investors.
Bitcoin's relative win rate against the S&P 500 recovered above 50% in recent sessions, up from about one session in five in June, its weakest stretch in roughly six years, according to Glassnode. Coinbase Institutional's Oct. 23 report found BlackRock's IBIT drawing about $6 billion since Aug.
Bitcoin (BTC) rose 1.54% over the past 24 hours to $80,837, according to BeInCrypto Markets data. The broader crypto market also climbed as technology stocks rallied before the Federal Reserve’s (Fed) rate decision on Wednesday. However, spot and derivatives data show traders preparing for the decision in different ways.
Bitcoin sought to rebuild support at $80,000 while Asian and US tech stocks extended a rebound into key corporate earnings releases.